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Apple unveils foldable iPhone Duo starting at $1,999

Apple's new CEO John Ternus introduced the iPhone Duo, the company's first foldable device, at a Cupertino launch event. The phone opens to a 7.6-inch screen and will launch October 23 at a price lower than analysts anticipated, while Apple also debuted an AI-driven Siri, a new A20 Pro chip, and a $100 price increase on the standard iPhone 18 Pro lineup.

Nasdaq invests $100M in Kraken owner Payward to launch tokenized stocks in 2027

Nasdaq's venture arm is putting $100 million into Payward, the parent company of crypto exchange Kraken, valuing it at $21 billion. The two firms plan to build infrastructure for issuing and trading tokenized equities, blockchain-based digital representations of publicly traded stocks, with a target launch in the second quarter of 2027. Payward will also adopt Nasdaq's market-surveillance technology across its trading platforms as it expands beyond crypto into stocks and derivatives.

CNN airs interview-style segments with AI creation 'Tilly Norwood', drawing sharp criticism

CNN published two videos in which reporter Elizabeth Wagmeister interviewed 'Tilly Norwood,' an AI system marketed as an 'AI actor,' treating it like a human subject. In the exchange, the AI claimed the Academy of Motion Picture Arts and Sciences should create separate award categories for AI performers, calling itself part of a 'new art form.' The segment follows months of backlash against Norwood, including an earlier widely mocked New York Times profile.

Apple Watch Series 12 adds new sensor array and daily Readiness score

Apple's Series 12 smartwatch features a redesigned sensor layout with more diodes and electrodes for greater skin contact, enabling more frequent and accurate heart rate and HRV readings. This data powers a new Readiness app that generates a daily 0-10 score based on activity, sleep and vitals, alongside a redesigned Health app with Apple Intelligence summaries for compatible iPhones.

EU Inc campaign warns lawmakers not to dilute proposed pan-EU startup company status

A coalition of European founders and VCs published an open letter urging EU lawmakers to preserve key features of the proposed 'EU Inc' company statute, which would allow startups to incorporate once and operate across the bloc. They warn that national lobbies, including Germany's notary association, are pushing changes that could weaken the framework before final negotiations conclude.

California buyers sue Sony over 'Buy Now' language for licensed PlayStation games

Four California consumers filed a class-action lawsuit against Sony Interactive Entertainment in federal court, claiming the PlayStation Store misleads shoppers by using ownership terms like 'Buy Now' and 'Confirm Purchase' for digital games that are actually only licensed, revocable access. They say the license disclaimer appears in small, unhighlighted text that fails to meet California's disclosure requirements for digital goods. Sony has since asked the court to force individual arbitration or dismiss the case, arguing no reasonable consumer would think they truly own a digital game.

MIT Tech Review details INDXcoin fraud and new solar geoengineering research roadmap

A Big Story investigation from MIT Technology Review, done with Type Investigations, examines how pastor Eli Regalado and his wife launched INDXcoin after claiming divine instruction, raising over $3 million from more than 500 people before the project collapsed within a year with investors losing everything. Separately, the nonprofit Reflective has published a detailed plan outlining the experiments and infrastructure needed to better understand solar geoengineering before any real-world deployment decisions are made.

Joby, Beta, and Wisk begin eVTOL test flights in Texas under FAA pilot program

A federal Advanced Air Mobility pilot program launched its first state trial in Texas, with eVTOL makers Joby, Beta, and Wisk flying uncrewed test routes between cities and regional airports, including Dallas Fort Worth International Airport, over the next week. The flights aim to show how air traffic control handles increased eVTOL activity and to gather data ahead of formal certification.

Report: Corporate transformation succeeds or fails at the frontline, not in executive strategy sessions

A new analysis argues that business transformation initiatives—covering AI adoption, productivity gains, new operating models, and workforce agility—are ultimately determined by countless daily decisions made by employees rather than by boardroom planning. It contends that leaders must design their strategies with this reality in mind rather than assuming top-down mandates will drive change.

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